News
Hippo ‘Off to a Fast Start’ With Reversal of Q1 Loss a Year Ago
InsurTech Hippo reversed a first-quarter net loss of $47.7 million last year and posted net income of about $7.1 million for the first three months of 2026. Results a year ago included total ...
Details TBD: Berkshire’s Jain, Abel Describe Tokio Marine Strategic Pact
Some details of a long-sought-after partnership with Tokio Marine aren't precisely defined, instead relying on the good faith dealings and reputation of the Japanese insurance giant, Berkshire ...
Berkshire, Cyber Risk and the Strait of Hormuz: Insurability Hinges on Price
During the recent Berkshire Hathaway annual meeting, Chief Executive Officer Greg Abel told shareholders that the conglomerate's decisions on investments and acquisitions depend on several factors, ...
Portugal Launches $26.5B Resilience Plan After Storms, Blackout
Portugal's government on Tuesday announced a 22.6 billion euro ($26.5 billion) investment program to roll out over nine years, aimed at mitigating risks including climate change and power outages. ...
Texas Tornado Collapsed Buildings, Ripped Roofs Off Homes
Vicious winds burst through the front door of Christopher Hester's duplex apartment, then started ripping the roof apart. Hester and his wife grabbed their dog and ducked into a hallway to the sound ...
Lemonade Logs Q1 Net Loss With Topline Growth
InsurTech Lemonade reported a first-quarter 2026 net loss of about $35.8 million compared with a loss of about $62.4 million during the same time in 2025. However, Lemonade said its topline growth ...
Most U.S. Companies Seen Sticking With Quarterly Reporting
Quarterly earnings reporting may soon become optional for U.S. firms—yet the vast majority of companies are unlikely to take advantage of lighter requirements as it could hurt valuations, investors ...
Marsh Risk Unveils AI-Powered Risk Companion Suite
Marsh Risk, a business of Marsh, announced the launch of Risk Companion, the next iteration of its digital solutions suite designed to help clients effectively and efficiently manage unique risks. ...